Damrak
Encyclopedia
Canal
Canals are man-made channels for water. There are two types of canal:#Waterways: navigable transportation canals used for carrying ships and boats shipping goods and conveying people, further subdivided into two kinds:...
at the centre of Amsterdam
Amsterdam
Amsterdam is the largest city and the capital of the Netherlands. The current position of Amsterdam as capital city of the Kingdom of the Netherlands is governed by the constitution of August 24, 1815 and its successors. Amsterdam has a population of 783,364 within city limits, an urban population...
, between Amsterdam Centraal railway station and Dam Square
Dam Square
Dam Square, or simply the Dam is a town square in Amsterdam, the capital of the Netherlands. Its notable buildings and frequent events make it one of the most well-known and important locations in the city.- Location and description :...
, running north-south. It is the main street where people arriving at the station enter the centre of Amsterdam. Also it is one of the two GVB tram routes from the station into the centre, with lines 4, 9, 16, 24, and 25 running down it. It is also on the route of the North/South Line (Amsterdam metro
Amsterdam Metro
The Amsterdam Metro is a mixed rapid transit and light rail system in Amsterdam, and its surrounding municipalities Amstelveen, Diemen, and Ouder-Amstel in the Netherlands. The network is owned by the city of Amsterdam and operated by the Gemeentelijk Vervoerbedrijf, the company that also operates...
line) being constructed between the existing metro station
Metro station
A metro station or subway station is a railway station for a rapid transit system, often known by names such as "metro", "underground" and "subway". It is often underground or elevated. At crossings of metro lines, they are multi-level....
at Centraal Station and the new Rokin
Rokin
Rokin is a major street in Amsterdam, the Netherlands. Originally it was part of the river Amstel, and was known then as Rak-in . When the quays along the Rokin were constructed in 1913, they were named after the water which they adjoined.The Rokin begins at Muntplein square and ends at Dam square...
station.
The street was located on a rak (reach), a straight part of the Amstel
Amstel
The Amstel is a river in the Netherlands which runs through the city of Amsterdam. The river's name is derived from Aeme stelle, old Dutch for "area abounding with water"....
river near a dam; hence the name. In the 19th century, a section of it was filled in. Because of the former stock exchange building, the monumental Beurs van Berlage
Beurs van Berlage
The Beurs van Berlage is a building on the Damrak, in the center of Amsterdam. It was designed as a commodity exchange by architect Hendrik Petrus Berlage and constructed between 1896 and 1903. It influenced many modernist architects, in particular functionalists and the Amsterdam School...
, and several other buildings related to financial activities erected there in the early 20th century, the term "Damrak" has come to be a synonym for the Amsterdam Stock Exchange
Amsterdam Stock Exchange
The Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. It merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext, and is now known as Euronext Amsterdam.-History:...
in the same way "Wall Street" is synonymous with the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
and NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
. The Beurs van Berlage now serves as a concert
Concert
A concert is a live performance before an audience. The performance may be by a single musician, sometimes then called a recital, or by a musical ensemble, such as an orchestra, a choir, or a musical band...
and exhibition hall. Today, the area is known for it's restaurants, bars, and currency exchanges. It's canals serve as a busy area for canal boats, as well.